A lot of that can be blamed on them bowing to usa’s demand that they recalculate the value of their currency. (the same thing they are trying to pressure China to do)
That played a part for sure, but the scale of the stagnation is too large to be purely monetary/financial. It has deeper underlying systemic causes in the way the economy works.
A lot of that can be blamed on them bowing to usa’s demand that they recalculate the value of their currency. (the same thing they are trying to pressure China to do)
That played a part for sure, but the scale of the stagnation is too large to be purely monetary/financial. It has deeper underlying systemic causes in the way the economy works.
Wait, you mean end stage capitalism with mass child prositution as an industry does not boost the economy? Huh! /jk